According to the famous news website www.investors.com the next $1 trillion stock upcoming very soon! An article which is published by investors.com discussed various topics like Tesla, Warren Buffett, Berkshire Hathway, and AI Play briefly.
Tesla (TSLA) Approaches $1 Trillion Valuation Again:
Tesla (TSLA) has seen a significant recovery recently, nearing a $1 trillion market valuation.
Berkshire Hathaway (BRKB) and the Race to $1 Trillion:
Warren Buffett’s Berkshire Hathaway (BRKB) is also approaching the $1 trillion mark in market value.
Taiwan Semiconductor (TSM) Briefly Enters Trillion-Dollar Club:
Taiwan Semiconductor Manufacturing (TSM) briefly achieved a $1 trillion market cap on Monday.
Eli Lilly (LLY) and Broadcom (AVGO): Major Players Below $1 Trillion:
Eli Lilly (LLY) and Broadcom (AVGO) are substantial companies, though their market values remain below $1 trillion.
Taiwan Semiconductor Manufacturing (TSM): Driving Forces and Market Performance
Taiwan Semiconductor (TSM) boasts a market cap of $954.05 billion as of July 5, supplying chips to tech giants like Nvidia and Apple. Their growth, fueled by high-margin AI chips, has propelled their stock up 76.9% in 2024.
Berkshire Hathaway (BRKB): Diverse Holdings and Market Performance
Warren Buffett’s Berkshire Hathaway (BRKB), valued at $887.37 billion, spans various industries such as insurance and transportation, with a substantial stake in Apple. The company’s stock has risen 15% this year.
Eli Lilly (LLY): Innovations in Pharmaceuticals and Market Growth:
Eli Lilly (LLY), valued at $868.76 billion, is advancing with diabetes and weight-loss treatments. Their recent FDA approval for an Alzheimer’s drug anticipates significant earnings growth in 2024, boosting their stock by 56.9% this year.
Tesla (TSLA): Electric Vehicle Leadership and Market Recovery
Tesla (TSLA), valued at $802.15 billion, leads in electric vehicles and battery technology. Despite recent delivery challenges, Tesla’s stock has rebounded by 1.2% in 2024.
Broadcom (AVGO): Growth in Chips and Software
Broadcom (AVGO), valued at $792.87 billion, specializes in chips and software. Their strong earnings growth has propelled their stock up by 52.6% in 2024.
Speacial thanks to : investors.com